Ahlada Engineers Ltd
Incorporated in 2005, Ahlada Engineers Ltd does manufacturing of Steel Doors, Steel Windows, Shutters, Panels, School Furniture, Drinking water systems and allied products[1]
- Market Cap ₹ 142 Cr.
- Current Price ₹ 110
- High / Low ₹ 164 / 82.6
- Stock P/E 13.8
- Book Value ₹ 99.3
- Dividend Yield 1.26 %
- ROCE 8.01 %
- ROE 4.10 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.17 times its book value
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 29.4%
Cons
- The company has delivered a poor sales growth of 4.63% over past five years.
- Company has a low return on equity of 5.69% over last 3 years.
- Company has high debtors of 152 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
40 | 43 | 50 | 111 | 118 | 126 | 207 | 110 | 159 | 152 | 158 | 199 | |
36 | 41 | 44 | 101 | 106 | 105 | 173 | 85 | 129 | 125 | 133 | 167 | |
Operating Profit | 4 | 2 | 5 | 10 | 12 | 21 | 34 | 25 | 30 | 27 | 25 | 32 |
OPM % | 9% | 4% | 11% | 9% | 10% | 16% | 16% | 23% | 19% | 18% | 16% | 16% |
1 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 0 | 0 | 3 | 4 | 4 | 5 | 9 | 5 | 4 | 5 | 4 | 4 |
Depreciation | 1 | 1 | 2 | 2 | 3 | 4 | 7 | 10 | 11 | 15 | 13 | 12 |
Profit before tax | 3 | 2 | 4 | 5 | 5 | 12 | 18 | 10 | 14 | 8 | 9 | 16 |
Tax % | 31% | 38% | 38% | 37% | 38% | 34% | 37% | 25% | 29% | 33% | 42% | |
2 | 1 | 2 | 3 | 3 | 8 | 11 | 8 | 10 | 5 | 5 | 10 | |
EPS in Rs | 5.53 | 2.92 | 5.55 | 6.99 | 7.47 | 9.22 | 8.80 | 5.97 | 7.89 | 4.01 | 3.94 | 7.93 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 11% | 0% | 18% | 35% | 36% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 5% |
3 Years: | 13% |
TTM: | 40% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | -9% |
3 Years: | -13% |
TTM: | 332% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 7% |
1 Year: | 34% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 6% |
Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 9 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 5 | 6 | 9 | 21 | 24 | 28 | 96 | 97 | 106 | 109 | 113 | 115 |
11 | 13 | 18 | 24 | 34 | 59 | 53 | 35 | 60 | 31 | 32 | 47 | |
8 | 9 | 12 | 34 | 35 | 50 | 46 | 25 | 54 | 31 | 40 | 58 | |
Total Liabilities | 28 | 32 | 43 | 84 | 98 | 146 | 208 | 171 | 233 | 184 | 198 | 234 |
9 | 10 | 11 | 14 | 23 | 29 | 71 | 84 | 108 | 94 | 86 | 82 | |
CWIP | 0 | 0 | 0 | 2 | 1 | 25 | 7 | 24 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
18 | 22 | 32 | 68 | 75 | 92 | 129 | 63 | 125 | 90 | 112 | 151 | |
Total Assets | 28 | 32 | 43 | 84 | 98 | 146 | 208 | 171 | 233 | 184 | 198 | 234 |
Cash Flows
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
1 | 3 | -1 | 5 | 5 | 23 | -14 | 60 | -2 | 37 | 8 | |
-1 | -2 | -2 | -4 | -1 | -34 | -36 | -40 | -17 | -1 | -4 | |
0 | -0 | 3 | -1 | -4 | 12 | 49 | -21 | 19 | -35 | -4 | |
Net Cash Flow | 0 | 0 | 0 | -0 | -0 | 1 | -1 | -1 | 0 | -0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 71 | 69 | 93 | 98 | 79 | 103 | 146 | 101 | 121 | 84 | 152 |
Inventory Days | 127 | 156 | 169 | 150 | 163 | 198 | 67 | 163 | 138 | 165 | 128 |
Days Payable | 58 | 67 | 97 | 138 | 124 | 123 | 50 | 111 | 164 | 82 | 82 |
Cash Conversion Cycle | 140 | 159 | 164 | 110 | 118 | 178 | 163 | 153 | 94 | 167 | 199 |
Working Capital Days | 92 | 99 | 140 | 121 | 108 | 83 | 128 | 118 | 161 | 151 | 172 |
ROCE % | 8% | 23% | 17% | 22% | 21% | 10% | 11% | 7% | 8% |
Business Overview:[1]
Company manufactures steel doors and windows for residential and commercial segments, green chalk boards, dual desks and RO plants for government-run schools in Andhra Pradesh